Life360, Inc. operates a technology platform to locate people, pets, and things in North America, Europe, the Middle East, Africa, and internationally. The company provides Life360 mobile application under the freemium model, which offers its services to users at no charge; and provides Life360 Platform, which offers location coordination and safety, driving safety, digital safety, and emergency assistance services. It also provides tile hardware tracking devices to locate lost devices sold through online and brick and mortar retail channels, as well as directly through Tile.com; tile mobile application that includes a free service, as well as two paid subscription options, such as Premium and Premium Protect to offer additional services, including warranties and item reimbursement; Jiobit subscriptions; and Jiobit wearable location devices for young children, pets, and seniors primarily in the United States through online retailers. The company was formerly known as LReady, Inc. and changed its name to Life360, Inc. in October 2011. Life360, Inc. was incorporated in 2007 and is headquartered in San Mateo, California.
Analyst Perspectives | Analyst price targets range from $37 to $40, reflecting confidence in Life360's growth potential despite trading above its current intrinsic value |
Monetization Strategies | Delve into Life360's diversified revenue streams, including a nascent advertising business projected to generate $5-10 million in 2024 |
Financial Trajectory | Explore Life360's robust growth metrics, including an 18.7% revenue increase and 74.06% gross margin, signaling a promising financial outlook |
Market Dominance | Life360 commands 90% of third-party location-sharing DAU, with 66 million MAUs globally, showcasing its stronghold in family safety technology |
Metrics to compare | LIF | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipLIFPeersSector | |
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P/E Ratio | −207.9x | −1.2x | 11.6x | |
PEG Ratio | −3.37 | −0.84 | 0.01 | |
Price / Book | 9.9x | 8.1x | 2.4x | |
Price / LTM Sales | 9.8x | 5.6x | 2.2x | |
Upside (Analyst Target) | 24.9% | 14.5% | 24.1% | |
Fair Value Upside | Unlock | 2.3% | 3.5% | Unlock |